What are your thoughts on the proposed fee?
I haven’t really made up my mind about this one yet. On the one hand, it seems that logic dictates that there be a reserve fund for these maintenance items. On the other hand, I am not comfortable giving the POA Board of Directors another slush fund, especially in the light of their clearly demonstrated [...]
Questions for the LTFC:
How will the LTFC make sure that the June election on the Capital Initiation Fee is democratic?
As it is now, the Developer’s large block/s-of-votes will decide the outcome of this election, as they did with the Sconti Rebuild election.
Would the LTFC members please read Promise #6 of The Six Promises?
If need be, this [...]
We are totally against the fee. It is amazing to see the free spending of money that has been going on the past couple of years. We were still trying to understand how the caretakers of our continuing special assessment could have ever let the new restaurant/clubhouse soar to the current cost. We were so [...]
I appreciate the opportunity to provide input. First, let me say I agree the community should have a capital reserve. Unfortunately, the fact that one has not already been created from operating revenues is alarming. I am an advocate of paying yourself first from revenues. We should then manage to live within the our means [...]
From the article in the online ‘Smoke Signals’ written by Chuck Palmer (Chairman of the Long Term Finance Committee).
The purposes for the new Capital Initiation Fee:
“we currently have no capital reserves and no funds for new facility requirements.”
“This study concluded that the POA needed to establish a Capital Reserve Fund.”
“What will the funds from the [...]
Earlier today I spoke with Bob Crouch, President of the Big Canoe POA, regarding http://4kfee.com as well as the proposed fee. First, I want to thank Mr. Crouch for taking the time to speak with me and allowing me to explain what 4kfee.com is all about. We discussed the idea of this site being used as an open forum [...]
The amount of the transfer fee suggested is outrageous. It will only hurt our property values, and purchasers will simply demand that it be paid by the seller - effectively reducing the sales price of a home.
Some people have reported trouble registering and/or receiving their password through our mail system. If you are having any trouble, please email me at admin@4kfee.com so I can assist you. Also, http://4kfee.com received close to 400 visitors yesterday and around 10,000 hits. This would seem to indicate quite a bit of interest in the proposed [...]
There is also a new article in the online ‘Smoke Signals’ written by Chuck Palmer (Chairman of the Long Term Finance Committee), so be sure to read it. It contains some detailed information regarding the proposal in a FAQ (Frequently Asked Questions). I also understand that one of the paper’s columnists will be discussing his take on [...]
I received a couple of emails this morning and wanted to clarify some issues. First, my role in this website is limited to providing technical assistance, providing site updates, and keeping the posts free from inflammatory remarks and spam. I do not write the posts. I administer the site.
More importantly, the site is an Open [...]
4kfee.com is designed to be an Open Forum for discussing the proposed Capital Initiation Fee in the Coummunity of Big Canoe. Some residents are for the proposal, some against, some are still undecided. Regardless or your position, you are encouraged to voice your opinion.
Keep in mind that these posts, comments, and links are the opinions of your friends and neighbors here in the Big Canoe Community, so please try to be civil. The comments and posts do not reflect the opinion of the site administrator. You are also urged to verify any information on this site.
Again, these are comments and opinions on the proposed fee and should not be considered fact unless you verify it yourself.
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